Hiring up by 8% in July 2015: TimesJobs RecruiteX

Talent demand had been seeing a fall since February 2015 in month-over-month analysis, according to the TimesJobs recruitment index

Apeksha Kaushik, TimesJobs.com

The Indian job market is buoyant again. After seeing a slump for five straight months, talent demand across sectors jumped by 8 per cent in July 2015, shows RecruiteX, the TimesJobs.com recruitment index.

The year 2015 started off with an 11 per cent increase in hiring activity in January. But a slump set in soon and talent demand saw a drop of nearly 4 per cent between February and June 2015. The scenario finally revived in July 2015.

Logistics and pharma among top job generators

Among the top ten sectors, logistics & warehousing, healthcare/biotechnology/pharmaceutical and IT/telecom were the top employment generators in July 2015. Talent demand in these industries rose by 10-14 per cent in month-over-month analysis.

Among other key sectors, media and entertainment reported a 16 per cent rise in talent demand.

Amid the rise in the logistics sector, demand also went up for core logistics/supply chain management/procurement professionals in July 2015. These profiles reported an 18 per cent rise in demand.

Entertainment/media/journalism professionals came next, reporting a 17 per cent rise in demand in July 2015, according to TimesJobs.com RecruiteX. IT/telecom professionals also clocked 6 per cent rise in demand in month-over-month analysis.

Demand was up for professionals with more than two years of experience in July 2015. But senior professionals, with over 20 years of experience, saw the highest rise in demand at 13 per cent. In fact, demand for senior talent had revived in June itself clocking a 5 per cent growth. For freshers with 0-2 years of experience, demand was stable.

Candidates with 10-20 years of experience posted 12% rise in demand
Candidates with 5-10 years experience saw 10% rise in demand
Candidates with 2-5 years experience clocked 10% rise in demand

Bengaluru tops in hiring activity

Hiring was buoyant across key job hubs, except for Hyderabad and Chennai, in July 2015. Among top ten, Lucknow posted highest rise in talent demand at 23 per cent. Among metros, Bengaluru topped the recruitment charts with 16 per cent rise in talent demand. Among states, West Bengal reported a 7 per cent rise in hiring activity, according to TimesJobs RecruiteX.